25 Examples of a Service Industry


 
 

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25 Examples of a Service Industry

        posted by John Spacey, May 11, 2018




A service industry is any industry that produces value is that primarily intangible such as customer service, management, advice, knowledge, design, data and experiences. Advanced economies are experiencing a long term shift whereby service industries are becoming a larger component of economic output relative to other industries such asmanufacturing and agriculture. The following are common examples of service industries.

Information Technology

Information technology is shifting away from products such as packaged software towards services such assoftware as a service.

Hospitality

Any service that hosts guests such as a hotel, restaurant or pub.

Travel

Travel services such as a flight or tour.

Transportation

Daily transportation services such as a train.

Media

Media such as a newspaper, blog or video.

Entertainment

Entertainment such as a video game, theme park or movie.

Sports

Sports including facilities such as gyms and spectator sports such as professional football.

Healthcare

Healthcare services such as a hospital, clinic or doctor's office.

Wellness

Wellness related services such as a spa.

Finance

Financial services such as a bank that offers bank accounts, loans and investments.

Insurance

Services that cover risks for a fee.

Professional Services

The services of a recognized professional such as a lawyer or accountant.

Consulting & Staffing

Offering knowledge and labor as a service.

Design

Creating designs as a service such as agraphic design or product design.

Marketing & Sales

Marketing services such as event promotion and sales services such as a real estate agent.

Energy

Energy services such as metered power from a grid or managed solar panel systems.

Management

Management services such as asset management or facility management.

Information

Information services such as a market data service.

Markets

Services that provide a two-sided market for buyers and sellers. For example, an auction service for products or assets.

Retail

Retailing such as a fashion shop.

Ecommerce

Any service that conducts business electronically such as a streaming media service or ecommerce retailer.

Culture

Culture industries such as art, music and cultural events.

Education

Educational institutions and companies such as a university or professional training company.

Asset Rentals

Providing access to assets such as construction equipment for a rental fee.

Product as a Service

Wrapping a product in services such as support, maintenance and self-servicetools. This may allow a firm to charge a monthly recurring fee for a product


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